Tirupati Graphite PLC (LON:TGR) has highlighted progress being made at the Tirupati Graphene and Mintech Research Centre (TGMRC) in India.
The facility is focused on the development of graphene manufacturing and applications, and it is seen in the overall business model as a stand-alone, revenue generative part of the company.
“The model is designed to catalyse the commercialisation of graphene applications by developing commercial/bulk scale manufacturing of consistent, high-quality graphene at affordable costs,” said Shishir Poddar, Tirupati chief executive in a statement.
“With the global market for graphene forecast to reach over US$1 billion by 2023 as techno commercial bottlenecks are overcome, we intend to be a significant contributor to this growth.”
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Poddar added: “The persistent drive and innovation of our team has led to significant ongoing enhancements in the properties of our high-quality graphene products and enhanced their compatibility in applications, which is an important factor in graphene-enhanced technology developments.
“Discussions with various technical experts suggests that the new feat achieved by us in specific surface area, is unique and could potentially be highly valuable. We will continue research and testwork to unlock the advantages that our graphene could bring to various graphene-enhanced applications being developed.”
Poddar also noted the strengthening of the Tirupati executive team with the addition of Dr Matthieu Gresil who is an expert on polymers and composites.
"I am delighted to join the efforts of Tirupati in providing the globe a high-quality graphene material,” Gresil commented.
“My experience using the material in developing a complex self-healing, shape morphing, and recyclable/reprocessable polymer gives me confidence on being able to take it to the markets in the world of advanced multifunctional composites and 2D nanomaterials."